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Saying the recent efforts by both the United States and China have made him "very optimistic" about the outlook of a possible trade deal, Allen also noted that "it would be naive to believe that a trade agreement can resolve all differences," as "complexity" exists in the two economies.
History has proven repeatedly that unilateral sanctions will only further complicate situations and affect people's everyday life. It will not help resolve problems, nor will it bring peace to a country, he said.
Deutsche Bank's projections suggest that foreigners will own as much as a fifth of central government debt in five years, Bloomberg reported last week.
The Chinese ambassador said China will continue its cooperation with Venezuela on the basis of mutual respect, equality, mutual benefit, and common development.
On bilateral ties, the Chinese premier said that the China-New Zealand relationship maintains a momentum of steady development.
来源：资阳报